Chapter 625: Good News(1/2)
Chen Zhengtai received a letter from his third uncle, but it was still half a month later.
Although in order to provide urgent information transmission, the Chen family has established an emergency transmission system from the front line from Lanzhou to Chang'an.
But for Chen Zhengtai, this speed is still too slow.
Unfortunately... in this era, this is the only way to be the fastest.
After all, it’s two or three thousand miles away!
Chen Zhengtai expressed his gratitude for the act of San Uncle's quick decision to recycle stocks.
This is also what Chen Zhengtai admires his third uncle. In fact, if you want to count on him to absorb new financial and scientific knowledge, it will be too difficult for him to do so.
But... they don't need these messy knowledge at all. The only thing they have to do is buy low and sell high!
As for what Chen Zhengtai does, the third uncle gave him ten thousand support!
Sometimes... people really don't need to know too much.
Just like those leeks in later generations, when talking about the performance and future of listed companies, everyone talks very well. When it comes to Keynes when talking about it, it means keeping it, and when keeping it, it means keeping it, it means the Austrian school!
But in fact, the more you think about this, the faster you die.
The fundamental reason is that any capital market is essentially irrational. In addition to the pressure of inflation and damage to their own property, the biggest reason lies in the greed in human nature.
Greed in human nature is essentially irrational emotions. Under such irrational emotions, some people do so-called rational research and analysis. The result is that no matter how good the calculation and economic theory are, it is not applicable to the market conditions in reality.
In the end... the more thorough the research, the more miserable the death.
On the contrary, those who don’t wait to compete and do things like crazy and get fucked may have a higher profitability level.
Of course... Chang'an is now emotionally irritated. Once someone starts to question it, panic will arise, and then panic will begin to spread, and then a large number of stocks will be sold.
At this time, Uncle San chose to repurchase without hesitation, obviously also betting that Dashi Commercial Bank can gain a foothold, and the unfavorable factors will gradually pass, and next, waves of good market trends will appear.
Chen Zhengtai couldn't help but sigh, and his third uncle's concern for his well-being made him feel quite touched.
When he put down the letter, Li Chengqian, who was standing beside him, couldn't help but say, "Zhengtai, who gave you a letter? Why do you look like you are worried?"
"Don't worry."
The two of them have been used to getting along in private for a long time. Li Chengqian didn't care about the disrespect in Chen Zhengtai's words. He glanced at the letter and saw some words in the letter. He couldn't help but say, "Why, the stock price of Dashi Commercial Bank plummeted?"
Chen Zhengtai nodded.
Li Chengqian frowned and said, "I have read all the accounts of Dashi Commercial Bank. It's so familiar. But if you think about it carefully, the stock price will not drop, then that's what it means! Alas... it's over, it's over. If it falls like this, our commercial bank now has insufficient funds and has almost no profit. If this continues, we will have to end up doing it."
As he said that, Li Chengqian looked at Chen Zhengtai with a frown.
Chen Zhengtai said: "Your Highness the Crown Prince also believes that this big food store is worthless?"
Li Chengqian seemed a little confused and thought for a while and said, "At least this is the case on the books, coupled with the stock price plummeting..."
Chen Zhengtai shook his head, raised an unfathomable smile and said, "You are wrong. In the future, this big food store will surely soar into the sky."
"Sky like soaring into the sky?" Li Chengqian was startled: "It's like this now, how can we soaring into the sky?"
Li Chengqian obviously couldn't understand this.
But Chen Zhengtai was not impatient, only his bright eyes were full of confidence.
He knew very well that the opportunity was coming.
……………………
Dayuan Kingdom.
This place is adjacent to the Western Regions and Persia, and Dashi is a pasture.
The water and grass here are abundant. During the Han Dynasty, the country was named after the Dayuan horse.
This Dayuan lives by nomadic life, and the tribes here are scattered all over the place.
In fact, the so-called Dayuan Kingdom is just a collection of dozens or hundreds of tribes of all sizes.
As early as a year and a half ago, a large number of Han merchants came, and people bought and sold horses and sold some goods here.
After that, Dashi Trading Company came, and the Trading Company set up a trading point here.
However, the place is sparsely populated and people live in grass. Therefore, this poor Dashi Money House, Dashi Trading Company, and some trade facilities are mixed with these countless dilapidated tents, which seem particularly shabby.
The Chen family members who came here seemed to have been exiled.
In fact, this is understandable. For the Chen family, Gaochang is the best choice to stay in Lanzhou or Shuofang. If it is worse, go to Persia or Dashi, after all, it is lively there.
But in places like the Western Regions and Dayuan, not only are they pure and hard, but they really have nothing to trade.
After all, there are few people here and the climate is relatively harsh.
Just half a year ago, the Chen family members began to frantically acquire land in Dayuan.
The leaders of various tribes in Dayuan obviously sold land much happier than Persia and the Great Cannibals.
After more than ten years of life, people have never seen money. When they saw that someone was willing to take out real money and money tickets that could buy a large amount of goods, and buy land that was worthless, the leaders of each ministries were almost happy.
Moreover, the land value of this Dayuan Kingdom is extremely low, especially in places far away from the pastures.
There is no obvious boundary between the various ministries, and no one can say who this place belongs to.
However, the Dayuan king was very enthusiastic and convened various ministries. He simply traded land with the Chen family. He sold any piece of land together. After the sale, he signed and sealed it together.
After that... after each got gold, each department took the gold and began to crazily purchase the market's food and cloth.
In addition, the sales of rouge for women to wear makeup here are also amazing. It seems that the men here are willing to spend a lot of money to buy rouge back and use it for their women, so that they can look decent.
The wine business is also amazing, especially the spirits produced in Erpigou, so that the Chen family members here repeatedly urged Lanzhou to find ways to deliver more goods.
Like all the demolition households, these Dayuan people were too lazy to go to graze after getting a large sum of gold and silver. Many people simply began to gather in the royal capital and set up tents around a commercial street of the Dashi Commercial Bank.
The leaders who had received a lot of money took their tribe here all night long, igniting bonfires every night, roasting cattle and sheep, singing and dancing, drinking strong wine, and getting drunk all day long.
The commercial streets of the commercial bank are built with stone walls, and there are many Han merchants inside. These Han merchants brought a lot of goods, which made the leaders and nobles who were originally suffering suddenly discover a new world.
People call this a city that never sleeps.
Even this stone city is still lively in the middle of the night.
What's more, there are more than a thousand members of the security team holding short guns to maintain public order.
The security team almost did not negotiate with the locals. They were only responsible for garrisoning and only occasionally dealt with some guys who were crazy about drinking. They took them down and soaked them in cold water. When they woke up, they notified their family to take them back.
Chen Dahui, the young shopkeeper of Dayuan Trading Company, was anxiously waiting for the news.
The Chen family sent a large number of exploration personnel half a year ago, and these personnel had already broken through the entire Dayuan Kingdom!
This Dayuan... actually does not have much value in grazing or farming. It is not that the aquatic plants here are not good, but that there are pastures in the Tang Dynasty now, and even if they raise cattle and sheep, their profits are limited.
What's more, some of the things that raising cattle and sheep are done by Dayuan people. The strategies adopted by Dashi Trading often do not conflict with local industries and complement each other.
Once you buy the land, you have to understand the value of these lands.
A few days ago, someone discovered that there were some copper mines in Dayuan.
This made Chen Dahui feel excited.
You know, in order to buy the land in Dayuan, Dashi Trading Company spent more than 300,000 yuan.
More than 300,000 yuan is seemingly buying nearly 30% of the land in Dayuan Kingdom, but in fact... Dayuan is just a small country, and the land income is already low!
In addition, this place... is already desolate, and even Chen Dahui feels that the price of 300,000 is a bit of a loss. If it were him, he would not give it to him.
All these Dayuan people are cheaper.
But now... I have discovered copper ore, which is different.
Therefore, before March, he gathered a larger exploration team and began to explore in depth.
At this time... there seemed to be news again.
Someone hurriedly entered the Stone City and then appeared in the commercial street.
This person is a scholar at first glance.
It was obviously a graduate from Erpigou University, but his skin was rough and dark, but he looked like an old farmer. Several guards behind him followed him and finally entered the Dayuan branch of the Dashi Trading Company.
After a while, Chen Dahui had already come out and the two greeted each other.
Although Chen Dahui is a relative of the Chen family, he knows very well that there are two kinds of people who cannot be messed with after leaving the barrier. One is the Chen family, and the other is a scholar from Erpigou University!
The former has the Chen clan as its backer, while the latter has the background of the entire Erpigou University Hall!
In recent years, there are not even 10,000 graduates in Erpigou University, and almost all of them are in important positions. Some are business leaders, some are in the army, and some are independent in the Chen family's industry. Those who are officials in the court have also begun to emerge.
The scholar coughed a few times before saying, "It has been confirmed that a large number of copper ores have been found in the northern part of Dayuan... The most conservative estimate is that the future output of these copper ores may be more than ten times larger than the scale of any copper ore in the pass. The copper ore in Zhengxian County can be said to be insignificant in front of it. I have never seen any mineral veins of such good quality in the world. This is our exploration book. It took several months to finally have a result."
Chen Dahui was stunned when he heard this.
"As such a large scale? Can it be ten times larger than that of Zhengxian County, and its quality is better than that of Zhengxian County?"
The scholar sighed and said, "At the end of the exploration, the students were a little unbelievable at first, but that's the case."
Copper is the most important resource today. Not to mention that it is the raw material of industry, the most important thing is that it can be used as currency!
The copper in the Central Plains is scarce, but in fact, this is understandable. At present, there are only so many copper ores that can be mined. For thousands of years, copper has been of great value. Since the Shang and Zhou dynasties, any copper ore that is easy to mine has been mined by ancestors. But in Dayuan, copper veins have appeared, but the real reason is that the copper here has never been mined.
To be continued...